FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009

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Uploaded by on Jun 11, 2009

Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today's US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit was the reward for those who closed the trade after the euro stalled near a psychological level as the London close approached. Those who held the trade through today's 30-year Treasury bond auction, then cashed out at the daily M4 pivot point, earned a greater prize of 120 pips.

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  • Outstanding trade coach. Thank you for your efforts making these videos.

  • Great video, thanks!

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